Melrose Select Board Approves Craft Lot Letter of Intent With Developer

MELROSE — April 12, 2019 — Melrose Select Board advances Craft Lot development with letter of intent approval. The board voted unanimously April 12 to approve a letter of intent with developer Mike Shanker committing both parties to work toward a development plan for the city-owned Craft Lot parcel, following a special joint meeting with MAEDA held three days earlier. The agreement includes exit clauses for both sides — the developer may withdraw without state financial assistance, and the city may walk away if an acceptable site plan cannot be reached. The board also unanimously approved an HVAC change order to restore humidification to a municipal mechanical system, accepting the lower-cost of two vendor options after the Public Utilities Commission endorsed the same action the previous Monday. A potential purchase of a forfeited property set for May 29 auction was tabled pending more information, with the board targeting its May council meeting for a final decision.